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Rupee Hits Record Low Of 84.76 Against US Dollar
Rupee hits record closing low, forward premiums extend decline
The Indian rupee logged its weakest closing level on record on Wednesday, hurt by a lingering deprecation bias and broad-based dollar bids while dollar-rupee forward premiums extended their decline.
Rupee hits fresh record low of 84.70 on concerns over slowing growth, strong dollar
The local currency closed at 84.70 against the greenback, compared to the opening of 84.58 and the previous close of 84.49.
RBI Intervenes To Support Rupee Amid Record Low, Conducts Dollar-Rupee Swaps
The Reserve Bank of India (RBI) is actively intervening in the forex market, conducting dollar-rupee buy/sell swaps in mid-to-far tenors on Wednesday, according to four traders cited by Reuters. This intervention comes as the rupee struggles to recover after hitting an all-time low of 84.
Rupee declines, avoids record low on cenbank intervention
The Indian rupee weakened on Thursday to close just shy of its all-time low, pressured by foreign portfolio outflows and month-end importer demand for dollars, while intervention by the central bank helped limit losses.
2h
on MSN
Indian rupee on gentle one-way path down, to breach 85/$ in 6 months
The Indian rupee will break through 85 per U.S. dollar to hit a new low in the next six months even as the Reserve Bank of ...
tbsnews
7h
Demand for Indian rupee decreases, price of the currency falls
Globally also, the Indian rupee declined to a lifetime low yesterday (3 December), pressured by the US dollar's rally against its major peers and on concerns over the Asian country's slowing growth ra ...
2d
USD/INR forecast: Here’s why the Indian rupee has crashed
What is the outlook of the USD/INR after plunging to a record high? We explain what to expect that the Indian rupee has ...
11h
on MSN
Rupee finds mild relief as yuan nudges higher, portfolio outflows ease
The Indian rupee was a tad stronger on Wednesday, supported by gains in the Chinese yuan and on dwindling pressure from ...
9h
USD/INR holds steady despite weak Indian Services PMI data
The Indian Rupee steadies in Wednesday’s Asian session. India's disappointing GDP data, foreign fund outflows and ...
The Week
1d
Indian rupee may continue to remain weak in near term: Experts
Owing to the continued economic pressures, there could be a possibility of the rupee reaching the 85 mark in the future.
2d
on MSN
Indian cenbank likely intervenes to support rupee at record low, traders say
The Indian central bank was likely selling dollars on Monday to support the rupee, traders said, after the currency declined ...
India Today on MSN
9h
Rupee's slide: What it means for economy, markets, and you
Although the rupee has recovered slightly today due to gains in the Chinese yuan, the recent drop reflects a confluence of ...
2d
Rupee Falls to New Record Low, Bonds Gain After Growth Slows
The Indian rupee declined to a new all-time low after data showed a sharp slowdown in the economic growth. Bonds extended ...
1d
Rupee drops to all-time low on India growth worries, dollar strength
The Indian rupee declined to a lifetime low on Tuesday, pressured by the U.S. dollar's rally against its major peers and on ...
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United States dollar
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